Overview of Gurooriasu Fuji Ke Oka (グローリアス藤ヶ丘)
Gurooriasu Fuji Ke Oka (グローリアス藤ヶ丘) is a 39-year-old condominium located at Nagakute Shi Sakuta 2 Choume 1510 (長久手市作田2丁目1510), Aichi, Japan. Built in 1987, it comprises 14 units in a Reinforced Concrete (RC) structure. It was constructed by Asanuma Kumi (浅沼組).
Pricing & Floor Plans
Based on 4 past listings, prices have ranged from 880〜1,480万円 (approx. $58,667–$98,667 USD at ¥150/$).
Unit sizes range from 66.6–69.1 sqm (717–744 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagakute Shi Sakuta 2 Choume 1510 (長久手市作田2丁目1510), Aichi, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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